3221 S ATLANTIC Avenue, Daytona Beach Shores, FL 32118
$2,582,500
Property Type:
Commercial Sale
Square Footage:
3,407
Status:
Closed
Current Price:
$2,582,500
List Date:
5/13/2015
Last Modified:
9/28/2024
Description
MOTIVATED SELLER!!! BRING ALL OFFERS!!! MOTIVATED SELLER!!! Was $3,300,000. PRICE JUST REDUCED! SELLER FINANCE WITH only $600K DOWN, for this 18 unit Oceanfront Motel, located in Daytona Beach Shores, FL. This Art Deco Motel has been completely renovated with a newer roof on the oceanfront building and new custom top rated windows, upgraded tile, Tommy Bahama furniture, Flat screen TVs and private tropical patios. The oceanfront pool with new pavers was recently completely redone and resurfaced. In addition, there is a large 2 bedroom owners/manager quarters with amazing ocean views and an overview of the entire complex. This deal includes the property across the street, parcel # 5335-0105-0070.) consisting of 8 units in 3 separate buildings on 100 x 300 ft parcel of land, perfect for
Supplements: extended stay guests requiring more room requiring 1- 2 bedrooms with and dining rooms and full gourmet kitchens. (parcel # 5335-0105-0070.). This property is right in the middle of a potential oceanfront condo development. The City has just passed and removed the height restriction for oceanfront development. Please check directly with the City of Daytona Beach Shores building Dept. for further details. All information deemed to be true but not guaranteed and must be verified by potential buyer.
More Information MLS# 1002664
General Property Information
Number Of Units Total: 18
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Directions: From Dunlawton Bridge, head North on A1A for appromatly 2 miles, property on right on ocean and across the street too.
Public Remarks: MOTIVATED SELLER!!! BRING ALL OFFERS!!! MOTIVATED SELLER!!! Was $3,300,000. PRICE JUST REDUCED! SELLER FINANCE WITH only $600K DOWN, for this 18 unit Oceanfront Motel, located in Daytona Beach Shores, FL. This Art Deco Motel has been completely renovated with a newer roof on the oceanfront building and new custom top rated windows, upgraded tile, Tommy Bahama furniture, Flat screen TVs and private tropical patios. The oceanfront pool with new pavers was recently completely redone and resurfaced. In addition, there is a large 2 bedroom owners/manager quarters with amazing ocean views and an overview of the entire complex. This deal includes the property across the street, parcel # 5335-0105-0070.) consisting of 8 units in 3 separate buildings on 100 x 300 ft parcel of land, perfect for
Building Area Total: 3407
Lot Size Dimensions: 50x320
List Price/SqFt: 877.6
Sold Price/SqFt: 758
Year Built: 1950
Location, Tax, and Legal
Country: US
Parcel Number: 5335-01-02-0010
Tax Annual Amount: 8628
Tax Year: 2014
Tax Legal Description: LOTS 1 2 27 & 28 BLK B RIOMAR BEACHES PER OR 3692 PG 0792 PER OR 6655 PG 1909
Currently Not Used
Year Built: 1950
Construction Materials
Block: 1
Concrete: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Hotel/Motel: 1
Heating
Electric: 1
Listing Terms
Other: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Business Type
Hotel/Motel: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): 03t; Financing: OWC - 1st; Included in Sale: Business Name; Site Improvements: Curb/Sidewalks; Confidential Listing: N; Road Frontage: 50.00; Depth: 320.00; Commercial Property Name: Beach House Motel; Financial Package: No; Franchise Opt In: No
Contract Information
Current Price: $2,582,500
Sold Price: $2,582,500
Status: Closed
Listing Contract Date: 2015-05-13
Property Sub Type: Business
Location Tax and Legal
Street Number: 3221
Street Direction Prefix: S
Street Name: ATLANTIC
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32118
MLS Area Major: 13 - Beachside, N of Dunlawton & S Silver
Status Change Information
Major Change Timestamp: 2018-04-02T20:59:02Z
Major Change Type: Status Change
Price Change Timestamp: 2017-10-07T20:23:03Z
Purchase Contract Date: 2018-03-28
Close Date: 2018-03-30
Close Price: 2582500
Property Features
Business Type: Hotel/Motel
Construction Materials: Block; Concrete
Cooling: Wall/Window Unit(s)
Current Use: Hotel/Motel
Heating: Electric
Listing Terms: Other
Sale Includes: Building & Land
Sewer: Public Sewer
Water Source: Public
Listing Office:
Marlin Realty Group
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.